The Logic

Rivals may be ‘horrified’ to realize how exposed their investments are to AI, Aviva CIO warns

At the Toronto Global Forum, Aviva Investors’ chief investment officer Daniel McHugh said that the insurer’s asset management ...
The Logic

Canada pushes ahead—and beyond—trade talks with Turkey

In Ankara, Carney called Turkey an “exceptional partner” at the nexus of Europe, the Middle East and the rest of Asia, as ...
The Logic

Power Sustainable buys B.C.’s Fine Choice Foods from Swander Pace Capital

Farm Credit Canada, Bonnefield Financial and members of Fine Choice Foods’ senior management team also participated in the ...
The Logic

Amid revenue gains, 1Password bets on tools to protect data from AI agents

The Toronto-based cybersecurity company said monthly usage of its developer and AI security tools is up 200 per cent ...
The Logic

Ranovus wants to buy the federal government’s prized chip foundry

CEO Hamid Arabzadeh says the federal photonics fabricator will be among the first targets of the chipmaker’s new venture arm ...
The Logic

Ottawa opens bids for its new $1.75B venture funding program

The program aims to attract billions in private investment, with most of a separate $750-million fund earmarked for ...
The Logic

Canada-U.S. trade war to reduce real GDP by 1.4% over 2024 levels after five years: PBO

Employment could also decline by an estimated 185,000 jobs over that period if both the U.S. tariffs and Canada’s retaliatory ...
The Logic

AI is pushing insurers to become asset managers, Canadian CEOs say

With artificial intelligence restructuring “all of the economy,” insurers are becoming in-demand asset investors, as deal ...
The Logic

RBC weighs blocking Meta’s AI agent from accessing customer accounts

McKay said RBC must balance customer needs with privacy and security risks before deciding whether to restrict AI agents. His ...
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Inovia raises US$200M for new VC fund as it eyes AI’s impact

The Montreal firm said it will use its sixth venture capital fund to back companies in and outside of Canada. Investors ...
The Logic

Beacon is building an AI empire by fixing Main Street’s software

The Toronto-based firm buys companies that make technology for niche markets, like camp grounds and soccer leagues, then adds ...
The Logic

With a $20M contract for NordSpace, Canada’s military backs a second domestic launch site

The 10-year deal guarantees the Department of National Defence access to NordSpace’s launch facility in St. Lawrence, N.L., though any actual launches will cost extra. Earlier this year, the ...